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YFI / TETHER USD on BSC (2FDE0E...C06631) in USDYFI / TETHER USD on BSC (2FDE0E...C06631) in USDYFI / TETHER USD on BSC (2FDE0E...C06631) in USD

YFI / TETHER USD on BSC (2FDE0E...C06631) in USD

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YFIUSDT_2FDE0E.USD trade ideas

Yearn Running to New HighsYI or Yearn.finance has recently run up to knew highs. After yesterdays run, as expected there was a pull back. Setting both higher highs and lower lows. YI is showing both Technical Indicators along with Financial Analysis continue positive with more money locked in yearn's DeFi protocol shows we should see a continued up trend in the near future. Further passing yesterday's highs look toward 50,000. With some resistance around 37,750.00 a break through this level would confirm the break out and later act as a support. Tomorrow's announcement of YI going live on Coinbase Pro, almost makes this to easy of a win. But be careful, nothing goes straight up, and Yearn has been relatively quite considering it's accomplishments. Don't be afraid to lock in some profits after next run. I am not a financial advisor and this is not Financial Advise
FTX:YFIUSD
by mrjr091987
1
Possible Break to the Upside with 3 Key TargetsThis is not Financial Advise. I am not a financial advisor and the chart presented should not be taken as financial advise. Breaking a out of the descending pattern bouncing off a Strong Support Line, we have 3 Targets ahead. T1 may see some week resistance. Expect a bounce or 2 before moving on the T2. This level must be watched carefully as this is a potential SELL AREA. If the bulls can't break T2 and establish some support, consider exiting and re-entering after a retracement. If the Bulls can push through T2 look for T3 as our next target, and we will update from there.
FTX:YFIUSD
by mrjr091987
Yearn.finance On Steroinds? Surpasses Bitcoin $20k All-time High Yearn.finance beats Bitcoin all-time high to set a bar for itself close to $40,000. YFI/USD establishes support above $30,000 following rejection from the weekend high at $38983. The decentralized finance darling, Yearn.finance has easily become the most expensive cryptocurrency in the world. YFI did not only surpass Bitcoin’s all-time high at $20,000 but also rocked to new all-time highs at $38,983. On some exchange platforms, the token hit highs above $70,000. According to the data provided by CoinMarketCap, Yearn.finance has crossed the $1 billion mark in terms of market share. In the last 24 hours, YFI has attracted a trading volume of $972 million. It is currently the 23rd largest cryptocurrency in the world after growing in value by 20% in the last 24 hours and 170% in the last seven days. From a technical perspective, Yearn.finance appears to have established support above $30,000. Itself, is trading at $34,755 (on Binance). The immediate downside is protected by a sharply ascending trendline. In the event the crypto freefalls under $30,000, the 61.8% Fibonacci level taken between the last swing high at $38,983 to a swing low at $11,844. This same zone forms a confluence support with the 12 Simple Moving Average (SMA) in the 4-hour range. Yearn.finance appears to have the potential to hit highs above $40,000. The Moving Average Convergence Divergence (MACD), for example, is holding strongly above the mean line. It features a wide bullish divergence, cementing the bulls’ position in the market. The gap formed by the 12 SMA above the 21 SMA also shows that the trend is leaning more to the bullish camp. If volume continues to grow, we can expect YFI to sail above $40,000 in the near term. YFI Intraday Levels Spot rate: $34,775 Relative change: 2292 Percentage change: 7.18% Trend: Bullish Volatility: Expanding
BINANCE:YFIUSDLong
by CoinGape
1
YFI: Possible 20K, New ATH Expected? DEFI Hype Train!We are currently seeing a possible wave 5 up to 20K regions, most likely setting a new record for any coin to reach such heights. YFI has surpassed the price of Bitcoin! This may paint another picture for a bigger wave 3, which may even bring us to higher levels in the future if the hype stays. We should be expecting profit taking at the next major psychological resistance at 20,000 USD. Trade Safe! X Force provides quality content provided by experienced traders who would like to make charting more simple for the general public. If you love our content, please make sure to give us a 'like', we would highly appreciate it!
BINANCE:YFIUSDLong
by XForceGlobal
4